What will be the largest purpose-built shiprepair yard in the South Atlantic Basin is being developed in the state of Paraiba, Brazil.
To be known as the Empresa de Docagena Pedra de Inga, the yard is being built at Lucena, across the harbour from the port of Cabededo, at the easternmost tip of South America.
It is planned to repair upto 120 ships a year at the yard.
There will be two large graving docks for ships up to the size of the Valemax bulk carriers and a hydrolift for accommodating smaller vessels, including offshore support ships.
The Brazilian Basin Drydock Co said it is hoped that the yard will be able to start repairing ships in 2022 with the completion of the first $70mn phase of the construction work.